90 Asheland Ave - Medical FOR SALE


Asheville, NC 28801- Downtown Asheville
$3,776,500 USD
330-718-3311
90 Asheland Ave, Asheville, NC for Sale
$3,776,500 USD
Medical - FOR SALE
1/48
null | Request Cap Rate

Jan '26


90 Asheland Ave
Asheville, NC 28801
Downtown Asheville


HIGHLIGHTS

  • Highly flexible interior.
  • Central Location in the CBD.
  • Less than one mile to Mission Hospital and surrounded by numerous supporting medical practices.
  • On site parking and is next door to the newly finished Ironwood Parking Garage with 552 spaces.
  • Current tenant will be vacating at the end of 2025, positioning the space for a new user.
  • Full roof replacement completed in June of 2025.

OVERVIEW

Exceptional opportunity to own a high-quality, free-standing medical office in Downtown Asheville. Totaling 15,106 SF on just over one acre, this two-level building offers ground-level access and parking on both floors. Recently remodeled, new roof in 2025, recently replaced HVAC's and Water Heaters. It features flexible interior layouts ideal for a variety of medical or professional uses. On-site parking is complemented by immediate access to the new 552-space Ironwood parking garage next door. Located in Asheville's CBD, the upper level fronts Ashland Ave while the lower level opens to Federal Alley leading of the heart of the South Slope. With the current tenant vacating at the end of 2025, this is an ideal opportunity for an owner-user or investor seeking a fresh lease-up in a rapidly growing area

FOR SALE DETAILS

PRICE

$3,776,500 USD

PRICE/SF

$250 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1981

SPRINKLERS

-

PARKING SPACES

50

LAND DETAILS

LAND ACRES

1.02 AC

LAND SF

44,431 SF

ZONING

CBD

APN/PARCEL ID

9648-38-0424-00000

ASK ABOUT THIS PROPERTY

Jim DavisNAI Beverly-HanksMore Info
330-718-3311

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Jim DavisNAI Beverly-HanksMore Info
330-718-3311

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.